Business
Consumer banking giant BankAmerica Corp. on Friday took a cross-country leap to expand its corporate banking business by agreeing to buy Continental Bank Corp. of Chicago for $1.9 billion in cash and stock.
Jan. 29, 1994
Japanese banks, seeking a bigger market for their money in the United States, are shifting their lending strategies by targeting middle-size corporations and expanding beyond the confines of California.
Jan. 7, 1985
Archives
The Metropolitan Water District has received a Special Recognition Award for development and management of a water-conserving garden from Los Angeles Beautiful at the group’s annual Business and Industry Awards luncheon at the Sheraton Grande Hotel.
Oct. 19, 1986
World & Nation
New Zealand corporate raider Ron Brierley has bought stakes in three French department stores, his first step into continental Europe that could be followed by other purchases, a representative said today.
Dec. 29, 1988
BankAmerica’s announcement that it wants to buy Continental Bank Corp., the venerable Chicago financial institution, is only the latest in a wave of consolidations and interstate combinations of lenders squeezed by intensifying competition.
Security Pacific on Thursday reported solid gains in the third quarter, as earnings reached a record $167.9 million and efforts to control costs showed progress.
Oct. 14, 1988
U.S. airlines improved their on-time record in February, but one of every four flights continued to be late as weather conditions played a major role in how close a carrier was able to adhere to its schedule.
April 6, 1988
When Security Pacific National Bank reigned as the largest financial institution headquartered in Los Angeles, local philanthropies reveled in its reflected glory: The community-minded corporation contributed an estimated $7 million to $10 million a year to Los Angeles-based charities.
Oct. 24, 1995
In the frenzied world of corporate takeovers, Francisco A.
Feb. 25, 1986
The familiar painted smile may soon be gone from the happy faces of Pacific Southwest Airlines planes as US Air completes its takeover of the San Diego-based line, but at least the happy Eskimo will continue to beam from the tails of Alaska Airlines jets.
Jan. 24, 1988